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March 15 BTC/ETH Strategy Analysis
The oscillation range announced yesterday is still quite useful. It's simply about shorting at resistance levels and going long at support levels. After the box consolidation lasts long enough, there will be directional choices and breakouts, and then we can participate accordingly.
Big Cake: Stepped in at 70300 yesterday and got our entry ticket. The night session also showed weak rebound. The 71400 level ahead is the resistance, currently cautious about the resistance causing an early pullback. If it doesn't break 70300 during the day, there's still a chance to charge toward 71400-72300. High box is also looking for this position to trade.
Big Coin 2: Yesterday's 2060 low absorption position, resistance zone given at 2088-2100. Currently, the consolidation time between 2060-2075 is sufficient. During the day we can look toward 2100-2139. High box is looking for the 2122-2139 level. See chart details $ETH
Big Bitcoin:
Long Position: Add dip at 70620. Defend at 70300, target 71500-72300
Short Position: Add at 72300-72650. Defend at 73000.
Ethereum:
Long Position: Add dip at 2075-2080 near term, defend at 2060. Target 2100-2122
Short Position: Add at 2140-2160, defend at 2175.